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RE: Steem Bounty - What is the Best Thing to Do When You Expect the Stock Markets to Plummet in the Next 6-12 Months?
First of all I think it has to crash. This can't go on forever. All stocks are heavily over-valued. The only reason it hasn't crashed yet is because it is been rigged by buying up stocks and bonds by central banks.
Maybe it's just wishful thinking but I think in crypto's would be a good option. Besides that gold/silver.
Because if it crashes, a lot of people gonna lose a lot of money. But at the same time, the long-term investors still will make profit when they sell. And they will sell. Maybe for a bit lower, but still with a good profit.
This money has to go somewhere, but I can hardly believe they'll put on a savings-account with their bank.
So my best guess will be crypto's/gold/silver (and in that order).
Hmmzz interesting @smasssh...
Crypto is definitely very interesting to me as you might know. Currently I don't own any precious metals. I know quite some people are fan of gold and silver and historically it has proven to be somewhat of a good hedge against the stock prices, but I don't 'feel' it yet. Maybe I should dive into it a bit more when I have the time :-)
Forgot to tell. Crypto's yes, but I don't have any gold and silver myself (except for some jewelry). But like you said; proven to be a good hedge against (falling) stockprices.
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